Rich Dad Poor Dad defined a term, and helped put perspective on the Rat Race cliche.
Basically, human nature teaches us to buy more or bigger (more expensive) things when we receive a promotion or a monetary raise from our job.
So, our expenses are never less than our earnings. We fail to save money, let alone invest money.
This cycle repeats itself until we die.
What really woke me up to this whole rat race thing was when Robert Kiyosaki said, “If you think your home is your biggest asset, you’re in trouble.”
Wait, that’s exactly what I’ve always thought. And now you’re telling me that it’s wrong?
I get it. There is only so much a person can read. We can’t do it all. Right there with you. And, many of us received new books as gifts recently.
What books changed your life last year?
There were a few for me. Two had significant impact.
Up first, The Last Lecture, by Randy Pausch. Randy was a Carnegie Mellon computer science professor, in his mid-40’s. He had a wife and three children under the age of six.
Then he got pancreatic cancer.
To paraphrase what I heard Randy say:
This isn’t a book about dying. It’s a book about living.
It isn’t a book for you and me. It is a book for Randy Pausch’s children.
How did this book change my life?
It is in living in the moment that makes us great leaders. Doing things – things that matter – with a heightened sense of urgency has changed my life. I’ll tell you why tomorrow.